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Investment

State Street profits up 23% on Lehman wind up

State Street, one of the world's largest providers of financial services, has announced a 23% rise in third quarter profits despite a slight fall in revenue, bolstered by claims linked to the Lehman Brothers' bankruptcy.

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Read more: Lehman BrothersState Street Global AdvisorsJoseph L. HooleyAustraliaGoldman Sachs Administration Services